IDFC Bank is a banking company headquartered in Mumbai, India. The bank was incorporated on 30 January 1997 with its registered office in Chennai and commenced its operations on 9 June 1997. In the year 1998, the company registered with the RBI (Reserve Bank of India) as a non-banking financial. In 1999 it formerly became a Public Financial Institution. The bank received a universal banking license from the RBI in July 2015 and on 6 November 2015, the bank was listed on NSE and BSE. The bank has MD & CEO as Rajiv B.Lall.Prime minister Narendra Modi inaugurated IDFC Bank on 19 October 2015.

To adapt with RBI guidelines IDFC organized a non-operative financial holding company (NOFHC) in 2014 to control its five subsidiaries – IDFC Bank, IDFC IDF, IDFC MF, IDFC Alternatives, & IDFC Securities. IDFC is the controlling company for IDFC foundation and NOFHC IDFC Projects Ltd. IDFC bank was commenced its operations with 23 branches in – Hyderabad, Mumbai, Delhi, Bangaluru, Chennai, Pune, Ahmedabad, Madhya Pradesh, and Kolkata. IDFC established its 100th branch in Honali, Karnataka in October 2017. 15 branches dealing with a population of less than 10,000.

The main aim of this bank is to deliver round the clock banking service across the country by using modernized technology to get efficiency and specify new standards of customer experience and convenience. The bank financial product and services include- Personal banking, Loans- IDFC Personal loan, IDFC Home loan, IDFC Mortgage loan, IDFC Education Loan, IDFC Business Loan, IDFC Car Loan, and Other Loans, Business Banking, Wholesale Banking, and Wealth Management.